St. Paul daily globe., 1887-01-25
Attest; FRANK Ronnnr. Jr., ClerE. Iags.Iw-tu

A RTlCIES OF INCORPORATION OF RICH
IA mond and ST Paul Land and Improvement
Company. We, the undersigned, do hereby
associate ourselves and thereby form II cor
poration under and pursuant TO the provisions OF
title two, of chapter thirty four, of the General
Statutes OF the state OF Minnesota and OF the
nmcndatory thcr of and supplementary thereto,
and to that eno do adopt and sign the following
article. viz:
be "tichnond and st. Paul Land and Improve
ment Company" The general nature OF its busi-
ness shall be the buying, owning. improving. sell
ing and dealing i'll lands, tenements and hered
ments, real, mixed and personnl estate and prop
crty. Ih9 principal place OF transactng the bust
ness OF snid corporation shall be the City of st.
Paul. N the County of Ramsey and State of Min
nesota.
Article 2The time of commencement of said
corp ration shall be the first day of February A.
ID. 1885,, and the period OF the ontlnuance thereof
shall be thirty years.
Article S-The amount of capital stock of said
corporation shall be Ave hundred thousan.. dol
lars. and the same shall De paid in ut such times
and III such manner as the Board of Directors
thereof nhall. from time to time by resolution
designate.
Aruo.I 4-The highest amount Of indebt cdness
or Liability TO which said company shall mt any
time be subject shall be the sum of Eve hundred
thousand dollars.
Article 5-fhe names and places OF residence of
the persons forming such 6sociation for incor-
poraton are rs follows, viz: J. Royal McMurran.
Gustav Wlus and Hiram f. stevens, and they
nll reside at the City of ST. Paul in the Count of
Article G-The names of the first Board OF Direc-
tors follows: II. William Pemberton ].
Royal McMurran, Joseph Bryan, Carter ". .
Branch, James III. Dooley and Peter III. Mayo Tho
government of said corporation and the manage
ment of it's affairs shall be be vested in Il Boara of
six Directors and subject 10 their direction, in
such officers or agents as they may from time to
time by resolution designate. During the first
year of the existence ol the snid corporation
james H. Dooley shall be President and Peter IL.
Mayo shall be Vice President; Hugh A. McCurdy
ahnt I'M and linn IL.
Treasurer. said Directors shall be elected by the
stockholders of said corporation after the first
at the annual meeting of said stockholders which
shall be held on the first Tuesday of February in
each year. The other officers above specified
shall be elected after the first year by the Board
of Directors NJ the annual meeting thereof
which shall be held rs soon rs practicable after
the meeting OF stockholders In each year above
specified. Each Director ana officer shall con
hnue in Office until his successor shall have been
duly elected and qua fed
Meetings of said corporto on for the cleo
tion of officers, the adoptio amendment or
repeal of the bylaws. or any part thereof.
or Tor the transaction of any other business of
sai d corporation. may be held at the principal
place of business thereof, above specified or
NJ the City of Richmond, in the state OF Virginia
The first Board of Directors of sad corporation
may adopt bylaws which shall remain in force un-
Ill the first annual meeting above specified
and until and except Us thereafter amended by n
vote of n majority OF the stockholders of said
corporation.
Article Tho number OF shares in the CAPITAL
stock of said corporation shall be five thousand;
the amount of each share shall be one hundred
dollars. '.'-'-'
In testimony whereof we have hereunto set our
hands and affixed our seals this 2ith day OF
January, A. ID. 1887.
J. 'RoYALIs sMcMURRAN, 1Seal
GUSTAV wllLIUS fSeal
HIRAM +. STEVENS seal
iiS SAMugi McMURRAN.
w. Il. BOURNE.